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Gas Regional Investment Plan of the South Region 2017 |

93

-50

300

200

150

100

50

0

250

01.01.16

21.01.16

10.02.16

01.03.16

21.03.16

10.04.16

30.04.16

20.05.16

09.06.16

29.06.16

19.07.16

08.08.16

28.08.16

17.09.16

07.10.16

27.10.16

16.11.16

06.12.16

26.12.16

15.01.17

04.02.17

24.02.17

Total demand

VIP Iberico

LNG Send-Out

UGS

Entry / Exit flows to the Portuguese gas system

GWh/d

-1,000

-5,000

3,500

2,500

2,000

1,500

1,000

500

0

3,000

01.01.16

01.02.16

01.03.16

01.04.16

01.05.16

01.06.16

01.07.16

01.08.16

01.09.16

01.10.16

01.11.16

01.12.16

01.01.17

01.02.17

Total demand

France IPs

UGS

LNG Send-Out

Entry / Exit flows to the French gas system

GWh/d

Figure 7.3:

LNG and pipeline gas entry/exit flows to the Portuguese gas system compared to total

gas demand in Portugal (Source: ENTSOG TP)

Figure 7.4:

LNG, UGS and pipeline gas entry/exit flows to the French gas system compared to

total gas demand in France (Source: ENTSOG TP)

A similar behavior is observed in the Portuguese gas system: the level of LNG

regasification noticeably increases with variations of VIP Iberico. An example of this

can be seen in figure 7.3 below, where a significant increase of LNG regasification

levels occurred during the month of October and December of 2016, enhanced by

the decrease of VIP Iberico during the same period. Carriço underground storage in

Portugal helps with daily modulation especially on higher demand days.

In France, there is higher modulation of the demand over the year linked to the

heating for residential consumers (seasonal effect). From a general point of view, the

regasification and pipeline entries are mainly stables over the time, and the variability

of the demand is assured by the UGS which fully play their role.

As shown in the graph, the higher period of demand in the beginning of 2017 as

been managed through a higher solicitation of the UGS, the LNG stocks in the

terminals being at a low level at that time.